Media$TRUMP transferred 4,259 BTC worth $343 million to Crypto.com today.
Verified facts only.
On November 2, the company filed an official document with the SEC revealing that it has $1 billion in debt due on November 30. The document explicitly mentions the possibility of selling $BTC if it cannot secure sufficient funding.
The transferred bitcoin represents 30% of the company's total holdings of 14,139 BTC.
The company previously used Crypto.com in May and August to manage its assets.
There has been no official confirmation of a sale so far. The company's stock fell 24.5% on Election Day.
The most important date to watch is November 30.
Personal opinion only, not investment advice. Always do your own research.
Verified facts only.
On November 2, the company filed an official document with the SEC revealing that it has $1 billion in debt due on November 30. The document explicitly mentions the possibility of selling $BTC if it cannot secure sufficient funding.
The transferred bitcoin represents 30% of the company's total holdings of 14,139 BTC.
The company previously used Crypto.com in May and August to manage its assets.
There has been no official confirmation of a sale so far. The company's stock fell 24.5% on Election Day.
The most important date to watch is November 30.
Personal opinion only, not investment advice. Always do your own research.
